Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that ...

It’s 2025, and with it come major tax law changes for LLC owners. It’s crucial to stay in compliance and understand the adjustments that have taken effect, as well as the rules you need to follow.

When you have valuable assets, significant costs or debt, or the possibility of someone getting hurt, a limited liability company (LLC) could help shield you from liability. Additionally, it can also ...

Sometimes a limited liability company, or LLC, has a year with no business activity. For example, a newly formed LLC might not have started doing business yet, or an older LLC might have become ...

The partnership-level adjustment may be required for a substantial built-in loss, except for electing investment partnerships and securitization partnerships.

LegalZoom breaks down the costs of forming an LLC in 2025, with fees ranging from $35 to $500 depending on the state and the ...

Additionally, it can also help you with your taxes. For property owners, this business structure is commonly used to organize rental properties into separate LLCs with the goals of protecting ...